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How Risk Appetite Statements Lead To Good Decision Making

How Risk Appetite Statements Lead To Good Decision Making

Business continuity management is the process of identifying risks to your organization and exploring solutions. Good business continuity planning involves creating a set of priorities and first steps in response to any incident. It also requires understanding what’s feasible and achievable after an incident. This means business continuity management must be mindful of budgets, resources, and manpower that will be available after a crisis and prioritize how to use those resources most effectively.

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How to Promote Risk Culture in Your Organization

How to Promote Risk Culture in Your Organization

Risk culture is a term that encompasses your company’s attitude toward risk. Some risk is good in business, and risk is necessary in order to grow in the market. However, companies that take undue risks with product decisions, consumer information, and regulatory compliance face an enormous downside.

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3 Tips to Improve Your Business Continuity Management

3 Tips to Improve Your Business Continuity Management

Business continuity management is the process of identifying risks to your organization and exploring solutions. Good business continuity planning involves creating a set of priorities and first steps in response to any incident. It also requires understanding what’s feasible and achievable after an incident. This means business continuity management must be mindful of budgets, resources, and manpower that will be available after a crisis and prioritize how to use those resources most effectively.

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